Illegal Online Payday Loans May Not Have to Be Repaid

“If someone makes you a loan that’s illegal, either because they don’t have a license or they violate usury laws, you’re not under any obligation to pay it back,” said Norman Googel, an assistant attorney general in West Virginia.

Sam Glover is a lawyer and the founder and Editor in Chief of Lawyerist.com. He also works with lawyers on motion practice and appeals, and is President of the board of directors of HOME Line, a nonprofit Minnesota tenant advocacy organization.